Uptowne Historic Commercial Multi-Use Building

Uptowne Historic Multi-UseMLS:    C4238715

Price:  $499,000.00 plus GST.

Address:   5018-50 Avenue, Olds AB

Building :   4662 sq. ft.

Taxes:   $4805 (2018)

Comments:

At the heart of the Uptowne business core, this property is prime for retail or service wishing to keep the tradition of the historic facade. With all the charm and functionality of a bank, this property contains a diverse mix of features that will appeal to the startup entrepreneur or established business wishing to be an iconic landmark feature in the central business mix.

The property lends itself to multi-use, such as work-live options, or rental income for upper living space. Offering exceptional lighting from large windows facing both the main access to Uptowne as well as the primary traffic corridor from the Post Office to the south, this location is assured high traffic, visibility and access. The building’s character ensures recognition and easy reference.

The three floors are separated for secure access and variety of use. Main floor has a large open retail display space with feature wall separating the closed offices and open work space areas

As a former Bank it provides safe secure storage. Lower floor has a mix of secure records storage with second external door exit from outside stairwell in parking lot. In addition, the lower floor has work areas complete with workbenches and double wet utility sinks. The staff meeting room with kitchenette, 2 washrooms, boiler room and utility area, open storage with extensive shelving allows for inventory storage, work space and versatile areas for staff use.

Upstairs floor has full 3-bedroom living space with separate locking entrance to south street access. Rear parking lot is paved and provides basement access to the building. Most recently operated as a jewelry store, this is a must view for any business opportunity.  The west addition was built in 1970.

Please call or email Hugh for further details or to view. (403-556-0262)

Retail / Office Spaces

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Living Space

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Uptowne Olds Lease

 

MLS#: C4186001

Price: $12.00/square foot  or $2597 monthly plus triple nets

Total Area:   2597 Square Feet

Location:  5009-50 Ave. Olds, Alberta

Comments:

Lease space is located in Uptowne Olds with approx. 2,600 sq.ft.

Property is ideal for business that will benefit from easily-accessible walk-in traffic. This property has been home to a fine ladies wear business for over 30 years with attractive front display windows to feature new merchandise.

The front retail space has been recently painted, old floor covering removed and thus ready for a new tenants usage, the ceiling tiles and matrix have been removed to expose a natural wood effect.There is  a rear service area with 2 piece bathroom, kitchen/storage area, and secure storage ( formally a bank vault) .

Newly-installed street lighting and flared sidewalks encourage spending extra time in the active central business section. Parking includes 3 stalls in rear, shared mall parking lot to north, front street angle parking on main street and town parking lot within short walk for buses and large units.

The mall has access to O-Net a high speed fibre optic broadband network that is currently rated the fastest service in Canada, with 1000 megabit per second, television and toll free long distance.

Please call or email Hugh for further details or to view. (403-556-0262)

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